Commercial Development Site, Leppington NSW 2179

Vado Private provided funding for the borrower to acquire two vacant land properties in Dickson Road Leppington, NSW. The loan was repaid in October 2023.

This loan delivered investors an IRR of 10.69% p.a. which represented a 7.17% p.a. margin over the average RBA Cash Rate over the corresponding period.

Investor Returns with Mark for review

Key Deal Highlights:

• Facility Limit: $13,000,000

• Facility Type: Fully Drawn First Mortgage

• Repayments: Prepaid for 3 months

• Loan Term: 12 months

• LVR: 45.00%